Laugharn
Laugharn v. Pauley
Opinion
Lead Opinion
Wilbur, J.
This is an appeal from an order in bankruptcy dated February 23, 1934, which was made by the District Judge on petition to review the order of the referee in bankruptcy, settling the accounts of E. L. Pauley as receiver in an action brought by the Lion. Match Company against the Hercules Gasoline Company. In the order settling the account of E. L. Pauley as receiver, the referee had fixed the compensation of the receiver in the action in equity at. $7,500. The receiver had claimed $9,800 as his compensation, that amount having been fixed in the action in equity as his just compensation. The referee ordered the return of the difference, $2,300, and directed that upon the return of said sum the receiver be discharged as equity receiver and his bond exonerated. The trial judge, after hearing the matter on petition for review, found that the original sum allowed by the court- in the equity proceedings was a reasonable compensation and fixed that amount as compensation for services as such receiver directing that he be allowed to retain the sum of $2,300 and that he he discharged as such receiver and his bond exonerated.